Application for grant of certificates u/s 197 for lower or no deduction / collection of income-tax to be made electronically…
Mere fall in net profit rate by itself no ground to increase profit rate as compared to the preceding assessment…
Not striking off penalty notice SC dismisses assessee’s SLP against High Court order holding that it had caused no prejudice…
CBDT denies further extension-order passed detailed order as per Gauhati High Court Direction. Further extension detrimental to tax-compliance. However Tax…
ITAT explains law of appeal to CIT-A of revisionary order passed u/s 263. When CIT himself enhanced income, appeal would…
Delay in filing appeal for negligence and laches of counsel cannot be condoned as avoidable cause for delay by due…
Deduction u/s 54 allowed for property purchased from wife by General Power of Attorney as transfer of immovable property by a…
Expenses of little amounts inherently have some element of personal nature – ITAT upheld 10% disallowance of community and social…
Gujarat Real Estate Regulatory Authority notified for exemption u/s 10(46) from assessment years 2019-2020 to 2023-2024. MINISTRY OF FINANCE (Department of…
Under section 71 assessee have option to set off losses against capital gains and the set off is not mandatory…